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ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA). Its proprietary target discovery engine applies a thermodynamic, computational discovery platform-ProMIS and Collective Coordinates-to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.


NDAQ:PMN - Post by User

Comment by M101on Jun 03, 2023 6:23pm
147 Views
Post# 35478771

RE:RE:RE:RE:RE:Management delays

RE:RE:RE:RE:RE:Management delays"...back down to where they like it?"

Depends who "they" are.  It might not be certain shareholders or management here, rather it's just the intended consequences of an oligopoly. 
A big part of the big pharma game is the control of funding to potential competitors be that through regulatory expense hurdles, patient recruiting controls, investment banker cooperation, and the big one: all-media saturation.
I doubt very much that Goldstein wanted the awful financings that he completed despite displaying fealty to the club. 

The empire no longer has any use for education, infrastructure or health, things that won't pay off in the next forecasted 4 qtrs.   



  
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